Kenya News

OECD Receives Backing For Historic International Tax Overhaul

by Ulrika Lomas, Tax-News.com, Brussels

Friday, August 6, 2021

The OECD has said 131 countries and jurisdictions have put their name to an international agreement on an overhaul to tax rules for the digitalized economy and for large multinational businesses. Read Full Story

Kenya Announces Enforcement Policies In 2020 Budget

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, March 17, 2020

In its 2020 Budget Policy Statement, Kenya's Government announced a number of ongoing tax enforcement and administration initiatives, aimed at boosting collections and voluntary compliance rates. Read Full Story

Six Countries Sign Up To Multilateral Tax Pacts

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 6, 2019

At the tenth plenary meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes, five countries signed up to the multilateral convention on mutual administrative assistance in tax matters, and two countries signed up to the BEPS multilateral instrument. Read Full Story

Tax Experts Have Helped Developing Countries Net USD500m In Tax

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 27, 2019

The international community has made important progress in improving developing countries' ability to tax multinational enterprises and boost domestic revenue mobilization, says the annual report for the initiative Tax Inspectors Without Borders. Read Full Story

African Continental FTA To Enter Into Force

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, May 10, 2019

The African Continental Free Trade Agreement will enter into force on May 30, 2019, after Sierra Leone and the Sahrawi Republic deposited their instruments of ratification of the agreement. Read Full Story

All African States To Sign A Continental FTA In March

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, December 7, 2017

The United States Economic Commission for Africa says African countries are gearing up to sign the African Continental Free Trade Area Agreement, with a key deadline this month being hit with an agreement among ministers. Read Full Story

African Countries' Tax Bases Expanding, New Report Says

by Lorys Charalambous, Tax-News.com, Cyprus

Wednesday, October 18, 2017

African countries are steadily improving their tax revenue collections, according to Revenue Statistics in Africa 2017, a new report released recently at a meeting of tax and finance officials from 21 African countries. Read Full Story

IMF Says African Countries Need To Tap New Revenue Streams

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, May 11, 2017

Sub-Saharan African countries should look to tap tax revenues outside natural resources, to finance stimulus measures that could reinvigorate their ailing economies, a new report from the International Monetary Fund says. Read Full Story

Kenya Progressing Fiscal Consolidation Efforts

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, February 7, 2017

The International Monetary Fund has welcomed both the increased tax revenues now being collected in Kenya, and the Government's commitment to reducing the country's fiscal deficit in the medium-term. Read Full Story

Tax Inspectors Without Borders Boosting Revenues For Developing States

by Ulrika Lomas, Tax-News.com, Brussels

Friday, November 25, 2016

More than USD260m in tax revenues has been generated through the Tax Inspectors Without Borders initiative since its launch in July last year, the OECD announced on November 22. Read Full Story

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